PUBLISHER: TechNavio | PRODUCT CODE: 1580840
PUBLISHER: TechNavio | PRODUCT CODE: 1580840
Offshore Oil And Gas Communications Market 2024-2028
The offshore oil and gas communications market is forecasted to grow by USD 1702.3 mn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the offshore oil and gas communications market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in enhancing network infrastructure, growth in shale oil production, and increasing complexities of refineries.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.5% |
CAGR | 8.1% |
Incremental Value | $1702.3 mn |
Technavio's offshore oil and gas communications market is segmented as below:
By Application
By Geographical Landscape
This study identifies the oilfield communications digitalization as one of the prime reasons driving the offshore oil and gas communications market growth during the next few years. Also, telecom-based technological advancements and increasing demand for satellite communications will lead to sizable demand in the market.
The report on the offshore oil and gas communications market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore oil and gas communications market vendors that include ABB, AT and T Inc., Aviat Networks Inc., Baker Hughes Co., Ceragon Networks Ltd., CommScope Holding Co. Inc., Commtel Networks, Curtiss Wright Corp., EchoStar Corp., General Electric Co., Hitachi Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Mostar Communications, PTC Inc., Siemens AG, Speedcast, Tait Communications, Viasat Inc., and Weatherford International Plc. Also, the offshore oil and gas communications market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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